September 26, 2015
WASHINGTON, D.C. — On September 17, MCC's Board of Directors ("Board") indicated that it would vote on a compact with Tanzania if the country scored above the relevant median in the Worldwide Governance Indicators' latest annual Control of Corruption index. That index is now publicly available and Tanzania has scored above the relevant median, and therefore will pass the Control of Corruption indicator on MCC's forthcoming fiscal year 2016 scorecard. Accordingly, the Board will vote on whether to approve the proposed compact. Projects funded under the compact will need to meet the agency's economic analysis standards. Should the Board approve the compact, signing is expected to occur sometime in 2016.
MCC takes seriously all of its country partners' commitments to combat corruption. While Tanzania passes the Control of Corruption indicator, MCC will continue to monitor the Government of Tanzania's efforts to combat corruption.
MCC expects that Tanzania's October 25 general election will be free and fair, consistent with the importance MCC places on democratic rights.